Euro Zone Banks Raised Bar for Mortgages in Third Quarter, ECB Says

Euro Zone Banks Raised Bar for Mortgages in Third Quarter, ECB Says
The European Central Bank (ECB) logo in Frankfurt, Germany, on Jan. 23, 2020. Ralph Orlowski/Reuters
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FRANKFURT—Euro zone banks tightened access to mortgages in the three months to September and expect to continue doing so in the final quarter of the year, a European Central Bank survey showed on Tuesday.

ECB policymakers are set to take stock of the economic situation at a meeting on Thursday, paving the way for a decision in December on the future of the central bank’s bond-buying programmes.